Scanned the the heat map chart and financials along with XLI is bullish. Calls above 290.74 looks good for an entry to me.
GS is going through the correction. This should be a good opportunity to open LONG TERM positions for HOLDERS. ENTRY LEVELS LONG: $264 $252 $222 - STRONG BUY
We'r bouncing . I can't say more than that .
Chart pattern for financials are the same as last year, expecting a bounce Monday then whipsaw. This was probably the top for financials anyways, I'm pretty sure everyone's refinanced by now and rates can;t go any lower.
GS Not trading advice, my opinion only.
Open short position at GS from 300$ to target price 285$ it's 5% gain, with stop 310$. Reasons - momentum valuation, banks overvalued Look previous GS deal below short 260$ to 250$.
NYSE:BAC With vaccine news, banks are expected to have less money put aside to cover default-risk-related assets, that is the recent run up. Also the fed Rate has "quietly" go up and US 10Y also run up which cause this bank bull run. so Bull side: more vaccine/news rally this can go to test 30.4 level , which could be a strong resistance. Bear side:...
Why you find it hard to make money . Because you don't know AND more sadly, you don't know that you don't know. When you were laying down on your coach thinking the market is going to continue the dropping , i was here watching the red knifes on the stock market having the bitter taste of watching a live down trend . That's why i sell you guys at top , when the...
Hello everyone Goldman Sachs channel still seems to be intact as show in the chart any question feel free to ask :)
Hello traders, Description of the analysis: Goldman Sachs group (GS) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based...
My idea on Banks coming up. For some reason i believe Banks like JP and GS will do well coming up. And believe while techs take a break possibly and even some names retreat , Financials will have to step in and save the day with MKTS. GOOD LUCK TO ALL
SPY looks to have regained its bullish edge over QQQ in the near-term, I expect banks to lead the pack on the breakout / short squeeze.
Wave E is complete the wave is down.
Maybe rounding out here as banks have many headwinds in the near and further future. Won't be back to the glory days. Same amount of assets as 07.
Technical Analysis: Trendline has been violated showing a weakness signal (it might be due to the negative news around this stock). The idea is to hold before going long again. Prices might keep going down up to 180 USD forming a new support level before going up. Fundamental Analysis: Goldman Sachs agrees to $3.9 billion deal with Malaysia to settle criminal...
We are at ascending channel but key support area we break down further out of the bullish moment - we will have the bears come out...! Now, I was very bullish on banks overall - even when they had there earnings. For this moment time technical aspects lets concentrate - if we go further below our next support area would be: 193 - 188 areas & Resistance areas...